Examples of Term B-2 Lender in a sentence

TERM B/TERM B-2 LENDER CONSENT AND CASH-OUT OPTION: ☐ The above Lender is a Term B Lender or Term B-2 Lender and, in such capacity, will not convert its Term B Loans or Term B-2 Loans, as the case may be, into Term B-3 Loans and shall have the principal amount of its Term B Loans or Term B-2 Loans, as the case may be, repaid on the Amendment No. 3 Effective Date.
TERM B/TERM B-2 LENDER CONSENT AND CASH-OUT OPTION: ☑ The above Lender is a Term B Lender or Term B-2 Lender and, in such capacity, will not convert its Term B Loans or Term B-2 Loans, as the case may be, into Term B-3 Loans and shall have the principal amount of its Term B Loans or Term B-2 Loans, as the case may be, repaid on the Amendment No. 3 Effective Date.
The Term B-2 Commitment of each Term B-2 Lender shall be automatically and permanently reduced to $0 on the Second Incremental Amendment Closing Date.
For the avoidance of doubt, each Term B-2 Lender hereby consents to the Incremental Amendment.
Subject to the terms and conditions set forth herein and in Amendment No. 2, each Term B-2 Lender with a Term B-2 Commitment severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term B-2 Lender’s Term B-2 Commitment on the Conversion Date.

More Definitions of Term B-2 Lender

Term B-2 Lender means a Lender that holds a Term B-2 Commitment or a Term B-2 Loan.

Term B-2 Lender means any Lender that has a Term B-2 Commitment.

Term B-2 Lender means (a) at any time on or prior to the initial funding on the Restatement Date, any Lender that has a Term B-2 Commitment at such time and (b) at any time after the initial funding on the Restatement Date, any Lender that holds outstanding Initial Term B-2 Loans at such time.

Term B-2 Lender means a Person with an Additional U.S. Term B-2 Commitment to make Additional U.S. Term B-2 Loans to the Borrower on the Amendment No. 3 Effective Date.

Term B-2 Lender means, collectively, (i) on the Amendment No. 3 Effective Date, each Lender that executes and delivers an Amendment No. 3 Consent and indicates the “Cashless Settlement Option” prior to the Amendment No. 3 Effective Date, (ii) on the Amendment No. 3 Effective Date, the Additional Term B-2 Lender and (iii) thereafter, each Lender with an outstanding Term B-2 Loan.